This Is What Whales Are Betting On GameStop
Portfolio Pulse from Benzinga Insights
Whales are showing a bearish stance on GameStop (NYSE:GME) with 55% of recent options trades being puts. The stock is currently down 2.98% at $21.46, and analysts have set a price target of $7.0. The next earnings report is expected in 14 days.
May 22, 2024 | 1:46 pm
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Whales are showing a bearish stance on GameStop with 55% of recent options trades being puts. The stock is currently down 2.98% at $21.46, and analysts have set a price target of $7.0. The next earnings report is expected in 14 days.
The majority of recent options trades are bearish, indicating a negative sentiment among large investors. The stock is currently down, and analysts have set a low price target, further suggesting potential downside. The upcoming earnings report could also impact the stock price.
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